Crushing Blow: Foreign Phone Sales in China Plummet 47%
Foreign mobile phone shipments in China plunged 47.4% year-on-year to 3.04 million units in November 2024, heavily impacting Apple which is facing intensifying competition from domestic brands like Huawei and regulatory hurdles for its AI features.
Crushing Blow: Foreign Phone Sales in China Plummet 47%
Foreign mobile phone shipments in China plunged 47.4% year-on-year to 3.04 million units in November 2024, heavily impacting Apple which is facing intensifying competition from domestic brands like Huawei and regulatory hurdles for its AI features.
Progress
40% Bias Score
Mixed Stock Start to 2025 Amidst Looming Jobs Report and Economic Data
Stocks had a mixed start to 2025, with the absence of a "Santa Claus" rally creating uncertainty, while the upcoming December jobs report and economic data releases will influence the Federal Reserve's interest rate decisions.
Mixed Stock Start to 2025 Amidst Looming Jobs Report and Economic Data
Stocks had a mixed start to 2025, with the absence of a "Santa Claus" rally creating uncertainty, while the upcoming December jobs report and economic data releases will influence the Federal Reserve's interest rate decisions.
Progress
52% Bias Score
Treasury Yields Fluctuate on Volatile First Trading Day of 2025
On January 2nd, 2025, the 10-year Treasury yield closed at 4.561% after fluctuating throughout the day, while the 2-year yield was 4.246%; this follows a volatile year for Treasuries and comes amidst mixed economic signals.
Treasury Yields Fluctuate on Volatile First Trading Day of 2025
On January 2nd, 2025, the 10-year Treasury yield closed at 4.561% after fluctuating throughout the day, while the 2-year yield was 4.246%; this follows a volatile year for Treasuries and comes amidst mixed economic signals.
Progress
36% Bias Score
US Stocks Slide on January 4th, 2025, Extending Losing Streak
On Thursday, January 4th, 2025, US stocks declined, continuing a five-day losing streak for the S&P 500 and Nasdaq, despite initial gains. The Dow fell 151.95 points (0.36%), S&P 500 fell 0.22%, and Nasdaq fell 0.16%, as tech giants like Apple and Tesla underperformed, while Nvidia rose 3%. This fol...
US Stocks Slide on January 4th, 2025, Extending Losing Streak
On Thursday, January 4th, 2025, US stocks declined, continuing a five-day losing streak for the S&P 500 and Nasdaq, despite initial gains. The Dow fell 151.95 points (0.36%), S&P 500 fell 0.22%, and Nasdaq fell 0.16%, as tech giants like Apple and Tesla underperformed, while Nvidia rose 3%. This fol...
Progress
36% Bias Score
European Markets Rebound Despite Economic Uncertainty
European markets closed higher on Thursday, with the Stoxx 600 up 0.6%, despite earlier losses and concerns over economic uncertainty and potential US tariffs; oil and gas stocks led gains, while banking and auto stocks dipped; French President Macron admitted that snap elections caused political in...
European Markets Rebound Despite Economic Uncertainty
European markets closed higher on Thursday, with the Stoxx 600 up 0.6%, despite earlier losses and concerns over economic uncertainty and potential US tariffs; oil and gas stocks led gains, while banking and auto stocks dipped; French President Macron admitted that snap elections caused political in...
Progress
32% Bias Score
Ukraine Halts Russian Gas Transit to Europe
On January 1, 2024, Ukraine stopped the flow of Russian gas through its pipelines to several European countries, ending a decades-long transit agreement amid the ongoing war; Slovakia, Austria, and Moldova are most affected, with potential economic losses for both Russia and Ukraine.
Ukraine Halts Russian Gas Transit to Europe
On January 1, 2024, Ukraine stopped the flow of Russian gas through its pipelines to several European countries, ending a decades-long transit agreement amid the ongoing war; Slovakia, Austria, and Moldova are most affected, with potential economic losses for both Russia and Ukraine.
Progress
36% Bias Score
Goldman Sachs Upgrades Cloudflare Stock to "Buy", Raises Price Target to $140
Goldman Sachs double upgraded Cloudflare's stock to "buy", increasing its price target to $140, citing improved sales and marketing productivity, potential Act III product monetization due to AI inferencing, and the company's strong position in edge computing to meet increasing demand.
Goldman Sachs Upgrades Cloudflare Stock to "Buy", Raises Price Target to $140
Goldman Sachs double upgraded Cloudflare's stock to "buy", increasing its price target to $140, citing improved sales and marketing productivity, potential Act III product monetization due to AI inferencing, and the company's strong position in edge computing to meet increasing demand.
Progress
48% Bias Score
Market Volatility Boosts Demand for High-Quality Dividend Stocks
Amidst market volatility with the S&P 500 and Nasdaq experiencing their longest losing streaks since April, UBS highlights high-quality dividend stocks in the U.S., Japan, and other regions, noting regional differences in dividend growth and safety.
Market Volatility Boosts Demand for High-Quality Dividend Stocks
Amidst market volatility with the S&P 500 and Nasdaq experiencing their longest losing streaks since April, UBS highlights high-quality dividend stocks in the U.S., Japan, and other regions, noting regional differences in dividend growth and safety.
Progress
36% Bias Score
Lilly Intervenes in Lawsuit over Compounded Tirzepatide Drugs
Eli Lilly joined a lawsuit against the FDA, contesting the agency's October 2023 decision ending the shortage designation for its tirzepatide-based drugs (Zepbound and Mounjaro), impacting the legality of cheaper compounded alternatives. The FDA affirmed its decision in December, but the compounding...
Lilly Intervenes in Lawsuit over Compounded Tirzepatide Drugs
Eli Lilly joined a lawsuit against the FDA, contesting the agency's October 2023 decision ending the shortage designation for its tirzepatide-based drugs (Zepbound and Mounjaro), impacting the legality of cheaper compounded alternatives. The FDA affirmed its decision in December, but the compounding...
Progress
36% Bias Score
Bank of America's Sell Signal Warning Amidst High Investor Optimism
Bank of America's Sell Side Indicator is nearing a sell signal at 57%, despite high investor optimism and low cash levels among professionals; historically, this has preceded market corrections, though the 12-month outlook remains positive.
Bank of America's Sell Signal Warning Amidst High Investor Optimism
Bank of America's Sell Side Indicator is nearing a sell signal at 57%, despite high investor optimism and low cash levels among professionals; historically, this has preceded market corrections, though the 12-month outlook remains positive.
Progress
40% Bias Score
Mortgage Rates Surge to 6.97%, Plunging Demand 21.9%
Mortgage application volume dropped 21.9% in the two weeks ending December 27, 2024, as 30-year fixed mortgage rates increased to 6.97%, impacting both purchase and refinance applications during the year-end slowdown; purchase applications were 17% lower year-over-year.
Mortgage Rates Surge to 6.97%, Plunging Demand 21.9%
Mortgage application volume dropped 21.9% in the two weeks ending December 27, 2024, as 30-year fixed mortgage rates increased to 6.97%, impacting both purchase and refinance applications during the year-end slowdown; purchase applications were 17% lower year-over-year.
Progress
36% Bias Score
ISIS Flag-Flying Veteran Kills 15 in New Orleans New Year's Attack
A U.S. Army veteran, Shamsud-Din Jabbar, drove a truck with an ISIS flag into a New Year's Eve crowd in New Orleans' French Quarter, killing 15 and injuring 30 before a shootout with police; investigations are underway to determine motives and potential accomplices.
ISIS Flag-Flying Veteran Kills 15 in New Orleans New Year's Attack
A U.S. Army veteran, Shamsud-Din Jabbar, drove a truck with an ISIS flag into a New Year's Eve crowd in New Orleans' French Quarter, killing 15 and injuring 30 before a shootout with police; investigations are underway to determine motives and potential accomplices.
Progress
48% Bias Score